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India Interventional Radiology Products Market Research Report By Product Type (Catheters, Guide Wires, Embolic Agents, Radiology Visualization Systems, Ablation Devices), By Procedure Type (Angiography, Biliary Interventions, Biopsy, Drainage Procedures, Ablation), By End User (Hospitals, Ambulatory Surgical Centers, Diagnostic Imaging Centers) and By Application (Oncology, Cardiology, Urology, Neurology)-Forecast to 2035


ID: MRFR/HC/50183-HCR | 200 Pages | Author: Rahul Gotadki| July 2025

India Interventional Radiology Products Market Overview


As per MRFR analysis, the India Interventional Radiology Products Market Size was estimated at 774 (USD Million) in 2023. The India Interventional Radiology Products Market Industry is expected to grow from 905.5(USD Million) in 2024 to 1,500 (USD Million) by 2035. The India Interventional Radiology Products Market CAGR (growth rate) is expected to be around 4.695% during the forecast period (2025 - 2035).


Key India Interventional Radiology Products Market Trends Highlighted


The India Interventional Radiology Products Market is witnessing significant growth due to several key market drivers. The increasing prevalence of chronic diseases such as cardiovascular disorders, cancer, and neurological conditions has necessitated the adoption of advanced medical technologies, including interventional radiology. This trend is bolstered by rising healthcare expenditure in India as the government continues to improve healthcare infrastructure and access across urban and rural areas. The push for modernization in healthcare facilities is creating a demand for advanced interventional radiology products.

Moreover, opportunities to be explored include the increasing awareness among patients regarding minimally invasive procedures, which are associated with shorter recovery times and reduced hospitalization costs compared to traditional surgeries.The necessity for comprehensive training and development programs for medical professionals in this field is being driven by the recognition of the advantages of integrating interventional radiology into the services of hospitals and healthcare providers. In recent years, there has been an increasing emphasis on the development of innovative technologies, including specialized instruments for precise interventions and advanced imaging systems.

As these technologies have the potential to enhance diagnostic accuracy and treatment outcomes, the integration of artificial intelligence and machine learning into interventional radiology is also acquiring momentum. In addition, the proliferation of telemedicine has created opportunities for remote consultations in interventional radiology, which can provide specialized care to underserved regions in India. In general, the Indian healthcare system's changing landscape is expected to improve the adoption and impact of interventional radiology products, resulting in a substantial shift towards enhanced patient care and outcomes.


India Interventional Radiology Products Market Overview


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


India Interventional Radiology Products Market Drivers


Increasing Cardiovascular Diseases


The rise in cardiovascular diseases in India is a significant driver for the India Interventional Radiology Products Market Industry. According to the Indian Heart Association, cardiovascular diseases accounted for 28.1% of all deaths in India in 2016, which indicates a growing patient population in need of interventional radiology solutions. The prevalence of these diseases is expected to increase as lifestyle changes lead to more cases of hypertension, diabetes, and obesity.

For instance, the Indian government has launched several initiatives, like the National Program for Prevention and Control of Cancer, Diabetes, Cardiovascular Diseases, and Stroke, to address these issues by improving patient outcomes via advanced treatment options. Established organizations such as Medtronic and Abbott Laboratories are also actively contributing to the development of innovative interventional radiology products that cater to this rising demand in India.


Rising Geriatric Population


The growing geriatric population in India is a key factor driving the growth of the India Interventional Radiology Products Market Industry. By 2025, it is estimated that approximately 12.5% of India's population will be aged 60 years and above, according to the National Sample Survey Office.

This demographic shift leads to an increase in age-related health issues, necessitating interventional procedures. Organizations like Philips Healthcare are responding to this trend by developing specialized imaging technologies and products tailored for elderly patients, further propelling market growth.


Technological Advancements in Radiology


Technological innovations in interventional radiology are fundamentally transforming the landscape of the India Interventional Radiology Products Market Industry. New advancements, such as minimally invasive procedures and advanced imaging techniques, are becoming more prevalent. For example, the introduction of hybrid operating rooms that integrate various imaging modalities allows for real-time guidance during procedures.

As per the Indian Radiological and Imaging Association, hospitals are increasingly investing in such technologies, which facilitate faster recovery times and better patient outcomes.Companies like Siemens Healthineers and GE Healthcare are at the forefront of these technological advancements, further enhancing the appeal of interventional radiology in India.


Growing Awareness and Accessibility


There is a marked increase in awareness about interventional radiology procedures among healthcare professionals and patients in India. Initiatives by healthcare organizations, government health campaigns, and educational programs are crucial in enhancing understanding of interventional radiology's benefits.

The Ministry of Health and Family Welfare is actively promoting awareness about the role of interventional techniques in various medical conditions.This effort is complemented by the growing accessibility of advanced healthcare facilities, particularly in urban areas. Organizations such as the Indian Society of Vascular and Interventional Radiology have been instrumental in providing training and resources, driving growth in the India Interventional Radiology Products Market Industry.


India Interventional Radiology Products Market Segment Insights


Interventional Radiology Products Market Product Type Insights


The India Interventional Radiology Products Market demonstrates robust growth driven by various Product Type categories, each playing a crucial role in enhancing diagnostic and therapeutic procedures within the healthcare system. Catheters are pivotal in this market; they are essential tools for delivering medications directly to the site of treatment or for performing various interventional procedures. Their versatility and the increasing preference for minimally invasive surgeries are key factors driving their demand in India.

Guide Wires are equally significant as they provide direction and support for catheters during procedures; their technological advancements have improved clinical outcomes and facilitated complex interventions, making them indispensable in interventional radiology practices.Embolic Agents also hold a critical position, primarily utilized in targeting and occluding blood vessels in tumors or regulating blood flow, reflecting a growing trend toward targeted therapies in cancer treatment and other pathological conditions.

As India faces a rising incidence of cancer, the demand for these agents is likely to increase significantly. Additionally, Radiology Visualization Systems play a vital role in enhancing the imaging quality during interventional procedures, thus improving accuracy and safety. The enhancement of imaging technology leads to better patient outcomes, making this segment integral to the overall success of interventional radiology.Ablation Devices are another key focal point within the market, particularly evolved to provide non-surgical options for the treatment of various conditions, including tumors and chronic pain.

The increasing preference for outpatient procedures and the need for minimally invasive treatment options contribute to the growth of this segment, allowing patients to avoid lengthy hospital stays. As the Indian healthcare system increasingly adopts advanced technologies and practices, the segments of Catheters, Guide Wires, Embolic Agents, Radiology Visualization Systems, and Ablation Devices within the India Interventional Radiology Products Market reflect the dynamic trends in patient care and treatment paradigms.

The overall market is supported by an advanced healthcare infrastructure and a growing demand for effective and efficient medical solutions, highlighting the importance of each product type in the context of India's evolving medical landscape. With a focus on innovation and improved treatment efficacy, the diverse Product Type landscape is likely to further cement its importance in improving health outcomes across the country.


Interventional Radiology Products Market Product Type Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Interventional Radiology Products Market Procedure Type Insights


The India Interventional Radiology Products Market, focusing on Procedure Type, showcases diverse applications crucial for modern medical practices. Angiography stands out as a vital procedure for diagnosing and treating vascular conditions, leveraging advanced imaging techniques for accurate results. Biliary interventions play a significant role in managing complex liver and biliary disorders, reflecting the increasing prevalence of such diseases within the region. Biopsy procedures are essential for accurate diagnosis, with interventional radiologists employing minimally invasive methods to obtain tissue samples, thus ensuring patient safety and comfort.Additionally, drainage procedures contribute meaningfully to the management of abscesses and fluid collections, which are common in various clinical settings, enabling effective therapeutic strategies.

Ablation procedures are also gaining traction, providing innovative solutions for tumor management and enhancing patient outcomes through targeted therapies. The growing adoption of these procedures aligns with India's healthcare advancements, driven by increased awareness and the rising burden of chronic diseases, along with government initiatives aimed at improving healthcare access and infrastructure.This dynamic landscape positions the India Interventional Radiology Products Market as a promising field, with each procedure type playing a crucial role in addressing the evolving healthcare needs of the population.


Interventional Radiology Products Market End User Insights


The India Interventional Radiology Products Market showcases diverse and impactful end user segments, chiefly consisting of Hospitals, Ambulatory Surgical Centers, and Diagnostic Imaging Centers. Hospitals constitute a major segment due to their comprehensive facilities and the rising prevalence of chronic diseases, which fuel the adoption of interventional radiology procedures. Furthermore, Ambulatory Surgical Centers are gaining traction, as they offer minimally invasive treatments resulting in reduced recovery times, thus enhancing patient convenience and healthcare efficiency.Meanwhile, Diagnostic Imaging Centers play a pivotal role by providing essential imaging services that facilitate precise diagnosis, which is vital for the planning and execution of interventional therapies.

The government's initiatives to improve healthcare infrastructure and policies promoting the use of advanced medical technologies significantly enhance these segments, highlighting their importance within the India Interventional Radiology Products Market. Additionally, as the healthcare landscape evolves, these end users are set to expand in response to increasing outpatient procedures and patient preferences for less invasive treatments, which presents considerable opportunities for innovation and market growth.Overall, the segmentation emphasizes the integral role these end users play in the evolving healthcare ecosystem in India.


Interventional Radiology Products Market Application Insights


The Application segment of the India Interventional Radiology Products Market plays a critical role in addressing various health issues through minimally invasive procedures. Oncology is a key area within this segment, focusing on cancer treatment, which has become increasingly prominent in India due to rising cancer incidence rates. Cardiology applications are also significant as they cater to the increasing prevalence of cardiovascular diseases, demanding advanced diagnostic and interventional techniques.

Urology stands out due to the growing need for effective treatments for kidney stones and other urinary tract disorders, promoting the use of interventional radiology for surgeries that minimize recovery time.Neurology, addressing conditions such as strokes and vascular malformations, emphasizes the importance of precision in diagnostic imaging and therapeutic interventions.

The synergy of these applications in the India Interventional Radiology Products Market highlights the evolving trends, with continuous advancements in technology driving market growth and offering improved patient outcomes. As healthcare investments grow in India, the demand for interventional radiology solutions across these applications is expected to rise, creating significant opportunities while addressing the challenges posed by an aging population and lifestyle-related health issues.


India Interventional Radiology Products Market Key Players and Competitive Insights


The India Interventional Radiology Products Market is witnessing significant growth driven by advancements in medical technology, increasing prevalence of chronic diseases, and a growing demand for minimally invasive procedures. This market is characterized by a variety of companies offering a wide range of products, such as catheters, guidewires, embolic agents, and vascular closure devices. The competitive landscape is marked by the presence of both domestic and international players striving to enhance their market share through innovation, strategic partnerships, and expansion of distribution networks.

Companies are also increasingly focusing on regulatory compliance and better patient outcomes, which further intensifies competition within the sector. The market dynamics indicate a shift towards patient-centered care, which is reflected in the development of more effective and safer interventional radiology devices.Terumo Corporation has a substantial presence in the India Interventional Radiology Products Market, leveraging its expertise in medical technology to offer high-quality products.

The company is known for its innovative approach, which has allowed it to develop advanced interventional radiology solutions that cater to the specific needs of healthcare providers. Terumo Corporation has established strong relationships with hospitals and clinics across India, which enhances its distribution network and influences customer loyalty. Furthermore, the company's focus on research and development provides a competitive edge, allowing it to introduce new and improved products that respond to the evolving needs of the medical community in India.

As a result, Terumo Corporation stands out as a reliable and trusted brand in the interventional radiology space.Cardinal Health is another prominent player in the India Interventional Radiology Products Market, offering a comprehensive range of products and services designed to support interventional procedures. The company's product portfolio includes various vascular access devices, guidewires, and embolization products that are essential for effective interventional radiology practices.

Cardinal Health's strong market presence is amplified by its commitment to high-quality manufacturing and distribution capabilities within India. The company has made strategic investments and engaged in partnerships to expand its footprint and enhance its operational efficiency. Additionally, Cardinal Health's emphasis on healthcare innovation, combined with its robust supply chain management, positions it favorably in the competitive landscape. The firm has undertaken mergers and acquisitions that have strengthened its position in the market, allowing it to broaden its service offerings and cater to a diverse customer base in the Indian healthcare ecosystem.


Key Companies in the India Interventional Radiology Products Market Include



  • Terumo Corporation

  • Cardinal Health

  • Philips Healthcare

  • Abbott Laboratories

  • Boston Scientific

  • Johnson and Johnson

  • Siemens Healthineers

  • Stryker Corporation

  • Cook Medical

  • Merit Medical Systems

  • GE Healthcare

  • Argon Medical Devices

  • Vascular Solutions

  • Medtronic

  • Bayer


India Interventional Radiology Products Market Industry Developments


The India Interventional Radiology Products Market has seen significant developments recently. Major players like Terumo Corporation, Cardinal Health, and Boston Scientific have been enhancing their product portfolios to cater to an increasing demand for minimally invasive procedures. As of October 2023, Siemens Healthineers announced advancements in imaging technologies, promoting safety and efficiency in interventional procedures.

Notably, in September 2023, Abbott Laboratories launched a new range of catheter devices that have shown promising results in clinical trials. The market is projected to grow substantially, with a valuation of approximately USD 1.5 billion by 2025, driven by an aging population and rising incidences of chronic diseases. In terms of mergers and acquisitions, in August 2023, Medtronic acquired a small Indian medical device firm specializing in vascular access products, bolstering its market position.

Additionally, recent industry reports indicate increased investments in Research and Development across companies like GE Healthcare and Johnson and Johnson, aimed at innovation and improving patient outcomes. These shifts underscore the growth potential within the Indian market as companies adapt to evolving healthcare needs and technological advancements.


India Interventional Radiology Products Market Segmentation Insights


Interventional Radiology Products Market Product Type Outlook



  • Catheters

  • Guide Wires

  • Embolic Agents

  • Radiology Visualization Systems

  • Ablation Devices


Interventional Radiology Products Market Procedure Type Outlook



  • Angiography

  • Biliary Interventions

  • Biopsy

  • Drainage Procedures

  • Ablation


Interventional Radiology Products Market End User Outlook



  • Hospitals

  • Ambulatory Surgical Centers

  • Diagnostic Imaging Centers


Interventional Radiology Products Market Application Outlook



  • Oncology

  • Cardiology

  • Urology

  • Neurology

 
Report Attribute/Metric Source: Details
MARKET SIZE 2023 774.0(USD Million)
MARKET SIZE 2024 905.5(USD Million)
MARKET SIZE 2035 1500.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 4.695% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Million
KEY COMPANIES PROFILED Terumo Corporation, Cardinal Health, Philips Healthcare, Abbott Laboratories, Boston Scientific, Johnson and Johnson, Siemens Healthineers, Stryker Corporation, Cook Medical, Merit Medical Systems, GE Healthcare, Argon Medical Devices, Vascular Solutions, Medtronic, Bayer
SEGMENTS COVERED Product Type, Procedure Type, End User, Application
KEY MARKET OPPORTUNITIES Growing aging population demand, Increasing minimally invasive procedures, Rising healthcare investments and innovations, Expanding diagnostic imaging technologies, Enhanced patient awareness and access
KEY MARKET DYNAMICS increasing prevalence of chronic diseases, rising geriatric population, technological advancements in imaging, growing awareness of minimally invasive procedures, expanding healthcare infrastructure in urban areas
COUNTRIES COVERED India


Frequently Asked Questions (FAQ) :

The India Interventional Radiology Products Market is expected to be valued at 905.5 million USD in 2024.

By 2035, the India Interventional Radiology Products Market is projected to be valued at 1500.0 million USD.

The expected CAGR for the India Interventional Radiology Products Market from 2025 to 2035 is 4.695%.

Catheters are expected to hold the largest market share, valued at 500.0 million USD in 2035.

Major players include Terumo Corporation, Cardinal Health, Philips Healthcare, and Abbott Laboratories among others.

The market value for Guide Wires is projected to reach 280.0 million USD by 2035.

Ablation Devices are valued at 100.0 million USD in 2024 and are expected to increase to 170.0 million USD by 2035.

Embolic Agents are projected to be valued at 250.0 million USD in 2035.

Challenges may include regulatory hurdles and competition from alternative therapies.

Emerging trends include advancements in minimally invasive procedures and increased adoption of advanced imaging technologies.

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